Located in Norway, Kuniko is focused on the targeting three fundamental metals for electromobility: Cobalt, Nickel and Copper. Kuniko has a strict mandate to maintain net zero carbon footprint throughout exploration, development, and production of its projects.
Vulcan Energy Resources – 21.15%
Gavin Rezos (Chairman) – 6.39%
Bnp Paribas Nominees Pty Ltd – 4.21%
Citicorp Nominees Pty Ltd – 2.53%
Mr Marek Ristwej – 1.90%
Management Ownership – 10.17%
Antony Beckmand – CEO
Mr Antony Beckmand, CEO, is a qualified CPA with a Bachelor of Commerce from the University of Western Australia and also holds a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia.
He has over 25 years’ experience in financial and executive roles within the mining industry, including 12 years with the Norway’s Sydvaranger iron ore project in CEO and CFO roles, and 2 years as a director of Nordic Mining ASA.
Mr Beckmand’s previous experience within the mining industry has been with Kalium Lakes Ltd, Exxaro Resources, Perilya Ltd and Robe River Iron Associates across a range of commodities including iron ore, sulphate of potash, minerals sands, base metals and gold.
Kuniko is seeking to raise awareness amongst the investment community of its exiting suite of battery metals projects, being developed in Europe for Europe, which has the fastest growing battery manufacturing capacity on the planet. Political and climate objectives are underpinning demand for battery raw materials and Kuniko is well positioned to develop projects from Norway which has abundant mineral wealth with undeveloped opportunities due to historic reliance on oil and gas.
20 July – Skuterud Cobalt Project, mineralization observed in drill core
22 September – Ringerike Battery Metals Project – Nickel targets identified
– Drilling assay results from Skuterud Cobalt Project
– Geochemical assay results from Nyberget Copper Project
– Continue work on defining JORC resource for Nickel-Copper at Ringerike
– Additional drilling and geophysics at Skuterud Cobalt Project
– Test continuation of Skuterud cobalt mineralisation into the nearby Ringerike license area
– JORC compliant Nickel-Copper resource at Ringerike (Ertelien)
– Geophysics, geochem and drill plans at 4 Ringerike Nickel-Copper targets
– Exploration plans for 2023 year
– Advancement of Nyberget Copper Project
– Evaluation of strategic growth opportunities
– Development of high priority / high potential projects – Skuterud Cobalt, Ringerike Nickel-Copper, Nyberget Copper
– JORC compliant resource estimates
– Strategic growth
Key challenge is working with several highly prospective projects and advancing these quickly in parallel. Kuniko has added bench strength by adding an in-house exploration team and supplementing with additional contract resources to maintain momentum.
• Europe has the fastest growing battery manufacturing capacity on the planet
• Europe needs to secure supplies of battery raw materials
• Geo-political tensions combined with de-globalisation puts an increased focus on developing domestic sources of battery metals, where the Nordics are the obvious location due to the abundant mineral wealth.
• Kuniko is focusing on the development of its projects in Norway at greenfield sites and many brownfield sites, most of which have had little to no modern exploration but have had historical production.
• Norway also has 95% of its electricity generated from hydro-power, putting Kuniko at an advantage to target net-zero carbon raw material production.
• This aligns with the goals of the EU and the battery manufacturing industry in the region
• Overall, we are in the right place at the right time, with the right strategy, underpinned by strong fundamentals and a highly prospective portfolio of projects aimed offering Europe a secure local source of battery metals.
– Kuniko is in the right place at the right time with high potential Cobalt, Nickel and Copper Projects in Norway, with significant exploration upside
– Local European sources of battery metals are needed with supply chain risks exacerbated by sanctions against Russia.
– Norway is a favourable mining jurisdiction where ethical sourcing can be ensured and 95% of electricity comes from renewable sources, while government is promoting its commitment to sustainable mining and providing Europe with battery value chain solutions.